The Business Times, 15 July 1998

Microfilm: NL21203
Total Pages: 62
1 62 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, JULY 15, 1998
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  • Article
    MARKET SUMMARY
    68 1 □sra 1,042.44 (-10.75) BT-SRI 453.49 (+6.57) BTOOMP 889.43 (4.58) BTMGA 569J6 (-0.87) B MARKET MOOD: Mixed STOCK MARKET INDICES Tuesday Change KLSE COMP 420.33 -0.98 NIKKEI 16,488.91 +128.52 HANG SENG 8,178.93 +79.73 SET INDEX 266.71 -1.04 JAKARTA COMP 463.87 +4.20 MANILA COMP 1.784.87 +9.02 TAIPEI WPI 7,***** -26.31
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  • Article
    FINANCE
    78 1 FOREX BATES USI s$ USS 1.706 £(l'S$/S$ per 1.641 1799 DM 1.798 0.949 YEN 141.4 1106* RM 4.186 0.408 HK$ 7.749 0.220 BAHT 4137 0.041 Rl'PlAH 14,800 0.012* •Stto lOOunits PUKE KATES SINGAPORE* 7 88 KUALA LUMPUR 11 SO JAKARTA 280Q BANGKOK 14.75 MANILA 22.90 HONGKONG 1025 TAIPEI .8J0
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  • Article, Illustration
    Off-budget measures didn't help us, say companies
    578 1  -  Govt urged to pay more attention to slowing property market and firms' cashflow problems By. Audrey Tan [SINGAPORE] The recent package of off-budget measures is of no help to the property market in the medium term and does not adequately address the cashflow
    578 words
  • Article
    CPF cut not necessary, says NTUC chief
    445 1  -  Flexi-wage system can cushion blow of current slowdown By\ Chuang Peck Ming [SINGAPORE] The labour movement does not think a cut in employers' Central Provident Fund contributions is needed this year, union chief Lim Boon Heng said yesterday. This is because the flexible
    445 words
  • Article, Illustration
    Lock icon Asian currencies firm with yen, Nikkei; stocks are mixed
    408 1  -  R Sivanithy, Larry Wee [SINGAPORE] Japanese currency and stock markets continued to firm yesterday following the resignation of Prime Minister Ryutaro Hashimoto. The buoyancy of the markets was attributable to hopes of deeper tax cuts as whoever succeeds Mr Hashimoto would
    Source: Bloomberg  -  408 words
  • Article
    TRI, Telekom keen on Time Telecom: report
    758 1  -  Time Engineering said to have obtained court protection against creditors From Ruth Wong in Kuala Lumpur HEAVILY-geared Time Engineering Bhd has been approached by two Malaysian firms Technology Resources Industries Bhd (TRI) and Telekom Malaysia Bhd to divest its 100 per cent stake
    758 words
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      152 1 MSTOE Dvwjamps 135 pte to EOT New York: American Depositary Receipts (ADRs) and foreign shares surged yesterday, bolstered by a strong US market. The blue-chip Dow Jones Industrial Average jumped 134.91 points to 9,231.12 at Ipm EDT, helping the ADRs higher. The index rose on optimism about quarterly earnings and
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      21 1 How the yen will pan out. Money Matters, Pg 4 Race to fill Hashimoto's post down to 2 names, Pg 5
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      174 1 Govt will not subsidise non-viable SMEs, Pg 2 FREE with today's BT PROPERTY SUPPLEMENT Make sure you get your copy rfil&ii Automatic Chronometer in 316 L steel, by Mauboussin. S$ 5,380. <M» MAUBOUSSIN since iH27 EXCLUSIVELY AVAIIABLE AT: MAUBOUSSIN BOUTIQUE «01-I9A NGEE ANN CTIY 39 IB ORCHARD ROAD SINGAPORE 2388?4.
      174 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Andrew Chew steps down from Temasek board
      174 2 FORMER civil service head Andrew Chew, who is taking over as chairman of the Public Service Commission on the first of next month, has stepped down from the board of Temasek Holdings. A press release from Temasek, the wholly-owned government holding company through
      174 words
    • Article
      Govt will not subsidise SMEs that are not viable
      349 2  -  But those that can survive will be given the means to grow, says PSB chief Ihjy Carol Eng IT is not possible for the Productivity and Standards Board (PSB) to subsidise small and medium enterprises (SMEs) that are not viable, or
      349 words
    • Article
      Heller joins SME financing scheme
      141 2 HELLER Asia Capital has joined the Local Enterprise Finance Scheme (LEFS) as a participating financial institution. It will offer loans to small and medium-sized enterprises (SMEs) under the scheme, where risks are coshared with the government. Including Heller, there are now 31 financial institutions participating
      141 words
    • Article
      Adaptec lays off 350 staff at S'pore plant
      385 2  -  By* Jennifer Lien US-BASED electronics manufacturer Adaptec Inc has retrenched 350 employees at its Singapore plant, its only manufacturing facility worldwide. The layoffs, which took place last weekend, account for almost 30 per cent of Adaptec's 1,200 staff in Singapore, and about
      385 words
    • Article
      Tops says leases won't be hit by Emporium's woes
      281 2 THE lease of Royal 11 Tops supermarkets here will not be affected by the woes of landlord Emporium Holdings. The Dutch retailer, concerned over talk that its supermarkets would be affected by the judicial management process underway at landlord Emporium Holdings,
      281 words
    • Article, Illustration
      Lock icon Bank loans growth falls to 6.4%
      310 2  -  EYE ON THE ECONOMY Bank loans By Clarissa Tan BANK loans growth continued to slide in May falling to 6.4 per cent year-on-year, the seventh straight month of decline. But compared to the preceding month, bank loans which totalled $140.30 billion in May barely
      Source: MAS  -  310 words
    • Article
      Citibank offering bridging loans to HDB buyers
      436 2  -  Loans aimed at those who sell HDB flats to buy another one By Clarissa Tan CITIBANK will be offering a bridging loan for HDB buyers to buy another HDB flat before receiving the sale proceeds from their existing units. The US-based banking giant's
      436 words
    • Article
      WI Carr sees four quarters of negative growth
      258 2 SINGAPORE faces a recession lasting four quarters, starting with the current Q3, says Indosuez W I Carr Securities in its latest weekly report. "Overall, we are looking at negative growth for the next four quarters. The economy should only start to move
      258 words
    • Article, Illustration
      Lock icon Signing with a handphone
      137 2 THE next time you sign for a transaction, you could be reaching for your handphone and not your pen. For you can now authorise an online transaction, for example electronic funds transfer, by transmitting wirelessly a digital signature through a GSM handphone. This technology, developed by
      CHRIS LOH  -  137 words
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      330 2 ADVERTISEMENT More and more men are getting more hair NEW HAIR, NEW Paula Graham HI SVENSON Addhair Technologies, reports an men who are opting for replacement in Sf3^|£flH pursuit of style and elegance. m. J v tt Added hair is an accepted fashion I^™"^ accessory," says Mary Goh, the x
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      120 3 HONDA A Car Ahead u Think Space. Think luxury. \;t CT; y a: O <x> en LU O o < Think the new Od.yssey 2.3 VTEC. o )'<>// know how good the hlyssev is in terms ol styling and space. Hut what /mikes it truly great is its super!) balance
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon How the yen will pan out
      1132 4  -  Near-term trading range of 135-145 expected, but year-end forecasts mixed By Larry Wee UNCERTAINTY over the Japan's Upper House elections dictated price action in Asian markets last week, allowing the US dollar to gain ground across the board going into last weekend. After hitting
      Source: Deutsche Morgan Grentell  -  1,132 words
    • Article
      A novel funding idea for Russia
      503 4 Privatisation bonds can raise large amounts at low cost EVEN as U5522.6 billion (5539.4 billion) in IMF approved aid for Russia pulls it from the financial brink, not all are convinced that this was the right route to take. Harvard Professor Martin Feldstein suggests
      503 words
    • Article
      ANALYSIS
      391 4 HKMA's liquidity moves seen having limited impact [SINGAPORE] Last week, the Hongkong Monetary Authority dramatically announced that it was repatriating US$3 billion (555.2 billion) of its overseas reserves. This third move in a matter of weeks seeks to bolster confidence, after Hongkong's deposit base shrank for the third consecutive
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    • Article
      Lock icon THE WEEK AHEAD
      367 4  -  Compiled by Larry Wee Sources: ABN Amro (ABN), Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM) and MMS International United States Tomorrow: June industrial production and capacity utilisation numbers expected to reflect negative effects of General Motors strike. After May's 0.5 per cent industrial output rise, expectations
      Sources: ABN Amro (ABN), Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM) and MMS International  -  367 words
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      229 4 TheßusinessTimes SINGAPORE Presents p;JH Good Life Guess the 'Good Life' Lifestyle activity shown in the picture fO! a This is your LAST CHANCE to win attractive prizes experience the latest fragrance from Davidoff brought C to you by The Business Times. j f Simply give the correct answer to the
      229 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon IMF to borrow from rich members for Russia
      370 5 NYT [WASHINGTON] Its financial strength depleted by the Asian crisis, the International Monetary Fund said on Monday that it would have to borrow from its richest members to pay for the bailout of Russia. The US$ll.2 billion (5519.1 billion) in new loans
      NYT  -  370 words
    • Article
      Lock icon IMF likely to okay US$1b for Jakarta
      123 5 Bloomberg [WASHINGTON] The International Monetary Fund's executive board will likely approve today the disbursement of the next US$l billion (Ssl.7 billion) from its US$43 billion bail-out package to Indonesia, a senior IMF official said yesterday. "It's clear that we are making sufficient progress
      Bloomberg  -  123 words
    • Article
      Mahathir: worst not over but there won't be racial riots
      683 5  -  M'si&n PM expects speculators to continue to pressure capital markets From Eddie Toh in Kuala Lumpur THE worst is not over for Malaysia but racial riots will not break out like in 1969, said Prime Minister Mahathir Mohamad. The Malaysian
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    • Article, Illustration
      Lock icon Race to fill Hashimoto's post down to 2 names
      632 5  -  Markets stabilise on hopes of deeper tax cuts; yen firms From, Anthony Rowley in Tokyo THE choice of a new prime minister to succeed Ryutaro Hashimoto, who will relinquish his duties on July 30 at the start of a new parliamentary
      FILE PHOTOS  -  632 words
    • Article
      Fiscal stimulus measures fail to lift M'sian stocks
      469 5  -  Manufacturing slide, fears over corporate failures cited From Eddie Toh in Kuala Lumpur THE Malaysian bourse failed to maintain its momentum despite the slew of off-budget measures announced by Finance Minister Anwar Ibrahim on Monday to prevent the economy from shrinking too
      469 words
    • Article, Illustration
      Lock icon Weak rupiah hits Big Mac lovers
      78 5 [JAKARTA] Two Indonesian women waiting for their orders at a McDonald's outlet in Jakarta yesterday. The Indonesian franchise of US food chain McDonald s Corp has temporarily closed 21 of its 101 restaurants in the country in recent months, a spokesman said yesterday. More
      REUTERS  -  78 words
    • Article
      Central bankers urge more rational market reform
      409 5  -  Some also press for more stable forex rate systems From Anthony Rowley in Tokyo KEY regional central bank governors meeting in Tokyo yesterday under the aegis of the Executive Meeting for East Asia and the Pacific (EMEAP) called for a more rational approach
      409 words
    • Article
      Lock icon KL will lap global capital markets for AMC
      310 5 But once established, company will source funds itself: Anwar Bernama [KUALA LUMPUR] The Malaysian government will tap funds from the international capital market to capitalise the newly-established Asset Management Company (AMC), Deputy Prime Minister Anwar Ibrahim said yesterday. However, AMC, which would
      Bernama  -  310 words
    • Article
      Lock icon Malaysia's non-national car output dives 83%
      169 5 AFP [KUALA LUMPUR] Malaysia's non-national vehicles production in the first half of this year fell more than 83 per cent to 14,078 units from 83,678 in the same period last year, a report said yesterday. Production of commercial vehicles in the six-month period totalled
      AFP  -  169 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Tycoon Thaksin forms new Thai political party
      625 6  -  Party aims to reform private sector to raise its competitiveness From Harish Mehta in Bangkok THAI telecoms tycoon Thaksin Shinawatra yesterday launched his long-awaited political party, stacked with academics and businessmen, and promised to usher in clean and transparent politics and reform the
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    • Article
      Lock icon Bulog told to hold int'l tenders for commodity buys
      286 6 JAKARTA AFP INDONESIAN President B J Habibie yesterday ordered the National Logistics Board (Bulog) to open all purchases of commodities to international tender, Bulog chairman Beddu Amang said. "The president has instructed that there be international tenders for all commodity purchases
      AFP  -  286 words
    • Article
      The reality of the Asian mother – a 16-hour day
      457 6  - The reality of the Asian mother a 16-hour day SINGAPORE By» Carol Eng HERS is a 16-hour day that starts at 5 am; that's apparently the lot of the Asian mother. Little wonder then, says a study, that unlike her Western counterparts, Asian mothers find being a "superwoman" less an
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    • Article
      Lock icon Utusan editor resigns after political pressure
      420 6 KUALA LUMPUR He was seen to be creating divisions between Mahathir, An wan Umno source AFP THE group editor-in-chief of Malaysia's most influential publishing company has resigned following a conflict with the leadership of the ruling party, officials said yesterday. The officials said Johan
      AFP  -  420 words
    • Article
      New Asean TV channel to be run on time-sharing basis
      466 6  -  From Harish Mehta in Bangkok ASEAN has scaled down its original plan to set up a full-fledged satellite TV channel. It will start beaming programmes across the region in two years, and later extend its reach to the rest of
      466 words
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      66 6 jp Pfjl Yu lia Zhuang Exotic Chinese Cuisine T" #81-OS6 Fountain Terrace Suntec City Mall 3 Temasek Boulevard (5)*****3 Vjj jS Tel: 336 8797 336 8798 Sj S Wejgeoosejn Exotic Chinese Cuisine sj jj| i on Extended till 31 /8/98__ pj Herbal Chicken sj jji I Braised Shark's Fin £jj
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      Page 6 Advertisements Column 2
      220 6 If your company needs capital for expansion or you are looking for joint venture partners in the United States or Europe, our company may be able to help. We are a U.S. based company that has capital available for expansion or purchase of technology based manufacturing or distribution companies. We
      220 words
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      32 6 Buy It Sell It Find It Classified. t 1800-737-1166 Call Today For Results Tomorrow. Lost uour V9P Try finding it at Classification 821 (Found) of The Straits Times Classified. I CAT A
      32 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China sets up new force to curb smuggling
      263 7 BEIJING Reuters CHINESE President Jiang Zemin has announced the creation of a national police force to crack down on smuggling, and a major focus will be oil products, state media reported yesterday. The China Daily quoted Mr Jiang as saying the force
      Reuters  -  263 words
    • Article
      Lock icon Beijing rebuffs US call to release dissidents arrested last week
      397 7 BEIJING Don't bring up such cases as if they are human rights issues, says govt spokesman AFP CHINA rebuffed yesterday a call from the US to release several dissidents who were detained last week for trying to set up an
      AFP  -  397 words
    • Article, Illustration
      Lock icon Hottest-selling item
      48 7 [SHANGHAI] Workers yesterday unloading ice blocks at a shop in Shanghai as demandfor ice rises in the summer heat. Some parts of China are experiencing a heatwave, even asfloods devastate areas along the mighty Yangtze in the south and the Yellow River in the north AFP
      AFP  -  48 words
    • Article
      Lock icon Taipei's Japan trade deficit may soar
      158 7 TAIPEI AFP TAIWAN'S trade deficit with Japan may hit a record US$lB billion (5530.7 billion) this year due to a slowdown in exports and the sharp depreciation of the yen, a finance official said yesterday. Taiwan suffered a US$9.l9 billion deficit with Japan in
      AFP  -  158 words
    • Article
      Lock icon Pudong farmers to be rehoused to save land
      220 7 SHANGHAI AFP SHANGHAI will relocate more than half of the 650,000 farmers living In old-style farm houses in its Pudong district into modern housing by 2000 to conserve farmland, it was reported yesterday. The China Daily reported that the move was part
      AFP  -  220 words
    • Article, Illustration
      Lock icon Highest ranking China minister in Taipei unofficially
      251 7 TAIPEI AFP CHINA'S Science and Technology Minister Zhu Lilan arrived in Taiwan yesterday to become the highest-ranking mainland official to visit the island in over four decades. Ms Zhu, leading a 14-mem-ber delegation, is to attend a science seminar organised by Taiwan's state-funded
      AFP  -  251 words
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      106 7 EXCITING NEW CREATIONS AT J.P. BASTIANI VP- ISasttani Mediterranean personality. Now you can enjoy his Restaurant is proud to introduce new signature creations, like Warm Qoat Executive C/te/ Cfic«s« and Andrew Clayton Mushroom tart, and his repertoire of grilled Scallops exciting new dishes. UkJH' on Jresh Mango Offering a with
      106 words
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      357 7 Oracle Confession of a Professional Hacker 11-74 July 1998 Carlton Hotel, 76 Bras Basah Road, Esplanade A, Level 4, Singapore *****8 A seminar on Hacking, seminar Outline Information Warfare r\ k a Seta's The Stage Preventive Measures Understand the reasons for having this course and how it could be useful
      357 words
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      213 8 SIEMENS Precision. Innovation. Reliability. Compatibility. Efficiency. Flexibility. Solutions. That's the language Siemens "Automation are systematised products, matched to ar| d Drives" has been speaking to one another in engineering and design, professionals for over 150 years. As one drawn together and optimised as a system. of the 14 groups of
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  • ASIA
    • Article
      Lock icon Clinton seeks to ease India, Pakistan sanctions
      284 9 WASHINGTON AFP [WASHINGTON] The administration of US President Bill Clinton on Monday urged congress to give it the power to ease economic sanctions slapped on India and Pakistan after their nuclear tests. The Clinton administration seeks "waiver authority for all of the sanctions
      AFP  -  284 words
    • Article
      Lock icon Japan's bankruptcy debts hit record high
      443 9 TOKYO Situation expected to worsen later this yean research firm Reuters DEBTS left by large corporate bankruptcies in Japan hit a record high in the first half of 1998, and the situation will get worse later this year, a private credit research firm said
      Reuters  -  443 words
    • ASIA Briefs
      • Article
        Lock icon Top N Korean officials executed: Seoul
        69 9 AFP [SEOUL] North Korea has publicly executed more than 50 high-ranking officials, including a military general, in a sweeping Stalinist-style purge, South Korea's top intelligence official has said. "North Korea has been stemming any resentment at its source through merciless purges and a tight
        AFP  -  69 words
      • Article
        Lock icon Indian army short of officers
        61 9 AFP (NEW DELHI] India's million-plus army is short of more than 13,000 officers and it will take about 20 years to fill the gap, a senior official was quoted by the Times of India as saying yesterday. Lt-General S S Grewal, head of planning, said
        AFP  -  61 words
      • Article
        Lock icon Sydney Opera House designer gets his due
        72 9 AFP [SYDNEY] More than 30 years after Sydney Opera House architect Jorn Utzon stormed out of Australia, never to return, he was given recognition yesterday for designing one of the world's most famous buildings. Sydney Lord Mayor Frank Sartor gave Mr Utzon, 80,
        AFP  -  72 words
      • Article
        Lock icon NZ coalition party sacks deputy leader
        47 9 AFP [WELLINGTON] New Zealand's delicately poised coalition government yesterday was in strife as the minority New Zealand First sacked its deputy leader, Tau Henare. He remains Maori affairs minister but there are indications he will set up a rival party. AFP
        AFP  -  47 words
    • Article, Illustration
      Lock icon 50,000 Koreans strike, stopping work at export-led factories
      650 9 SEOUL Rallies against mass layoffs go ahead despite govt warnings AFP [SEOUL] Factories at major export-led industries across South Korea ground to halt yesterday as more than 50,000 union workers launched a general strike to protest against mass layoffs. The strikes and
      AFP  -  650 words
    • Article
      Lock icon China paper slams Indian defence tactics
      216 9 U BEIJING India using China as excuse to beef up defence, it says AFP [BEIJING] India had failed to "examine its mistakes" in its defence policy and was using China as an excuse to become a regional political power, an official newspaper said yesterday.
      AFP  -  216 words
    • Article
      US takes stock of Japan's political changes
      513 9  -  It fears a political paralysis in Tokyo in worst case scenario From Leon Hadar in Washington IT was only a few days ago that President Bill Clinton and his aides were expressing their hopes that the coming meeting between Mr Clinton and Japanese
      513 words
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      164 9 J|" t J^fejjßjL/ k K k 2 I* P a Jr jfaMf M all the possibilities... With the right financial resources behind you At IFS, we see a vision of the future where others see only the here and now. Because we understand the needs of a growing business, especially
      164 words
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  • THE WORLD
    • Article
      Lock icon US June CPI up only 0.1% as energy prices continue to fall
      495 10 WASHINGTON Robust consumer spending seems not to have translated into inflation Bloomberg. Reuters THE US consumer price index (CPI) the broadest gauge of costs for good and services registered a smaller-than-expected increase in June, as energy prices fell
      Bloomberg.; Reuters  -  495 words
    • Article
      Lock icon US may need to up rates in coming months: IMF
      312 10 WASHINGTON Reuters, Bloomberg A HIKE in short-term interest rates may be needed in coming months if a US economic resurgence threatens to ignite inflation, the International Monetary Fund cautioned the Treasury Department in a report published yesterday. The report, an
      Reuters,; Bloomberg  -  312 words
    • Article
      Lock icon IMF deal for Russia will calm markets: analysts
      527 10 MOSCOW They say it will also ease the threat of rouble devaluation AFP THE U5522.6 billion (5538.5 billion) IMF-led rescue package for Russia will calm markets and ease the threat of rouble devaluation, but the government is not safe yet, analysts said
      AFP  -  527 words
    • Article
      Regional feuding looms as WTO seeks new head
      692 10  -  Five non-Europeans said to be in running for Ruggiero's job hYom Shada Islam in Brussels THE World Trade Organisation's 132 members could be heading for an acrimonious regional battle over the nomination of the agency's next di-rector-general, say trade experts in Geneva
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    • Article
      Lock icon UK to pump extra £40b into healthcare, education
      127 10 LONDON AFP THE British Labour government yesterday stood by key election pledges by announcing that an extra £40 billion (Ssl 11.8 billion) would be invested in healthcare and education. Chancellor of the Exchequer Gordon Brown told parliament that "a total of £40
      AFP  -  127 words
    • Article, Illustration
      Lock icon Read my lips
      33 10 [LONDON] Chancellor of the Exchequer Gordon Brown (left) arriving with Chief Secretary of the Treasury Alastair Darling at Downing Street yesterday. Mr Brown later announced the government's spending plan. REUTERS
      REUTERS  -  33 words
    • Article
      Lock icon UK retail prices rise slower than expected in June
      381 10 LONDON Interest rate cut seen by year-end as inflation winds down Bloomberg THE UK's most closely watched measure of inflation accelerated less than expected last month amid signs that the 14-month climb in UK interest rates may be over and might
      Bloomberg  -  381 words
    • Article
      Lock icon No evidence found in Clinton fund-raising probe
      296 10 NEW YORK Reuters LAW enforcement officials say they have no big cases to show for their investigation of alleged illegal fund raising during President Bill Clinton's re-election campaign, the New York Times reported yesterday. The Justice Department and other law enforcement officials also
      Reuters  -  296 words
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      123 10 From June 1 to August 31 1998, on any day of the week, enjoy savings of up to 40% off room rates and complimentary breakfast for two W^en U s a y with us, at Royal Crowne Plaza Singapore. Pay with your VISA card and you'll enjoy even more benefits.
      123 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Asian slump hurts working women most
      745 11  -  THE BOTTOMLZME OPINION By. Anisha Sabhlok The writer, an economist, contributed this article to BT GOVERNMENTS in crisis-hit economies are pre-occupied with pressures for reform. No doubt reform is a prerequisite to long-term economic recovery. However, the need to provide immediate relief to the
      745 words
    • Article
      IN OTHER WORDS
      148 11 This puts them pretty close to the bottom of the barrel. If a big case comes in, or maybe a couple of medium-sized cases, then you're stuck. Your alternative then is to go around hat in hand and try to put it together bilaterally.' Morris Goldstein a
      148 words
    • Article
      Indonesia's looming food crisis
      642 11 EDITORIAL ONE result of Indonesia's economic and financial meltdown is a phenomenon that looms like a spectre and can throw off balance all attempts at economic and political reconstruction: a severe food crisis. A recent report commissioned by the Indonesian government says the country is facing
      642 words
    • Article, Illustration
      Lock icon Is a crash on the way?
      1252 11 The long US and UK economic expansions are showing signs of faltering The Economist EVER since Joseph advised the pharaoh to expect seven years of plenty followed by seven years of lean, seers have tried to predict economic upturns and downturns. America has had
      The Economist; FILE PHOTO  -  1,252 words
    • Article
      WHAT THE OTHERS SAY
      475 11 LDP deserved rebuke JAPANESE governments do not normally resign after election losses for parliament's less important upper house. But so emphatic was the defeat voters inflicted on the ruling Liberal Democratic Party on Sunday that Prime Minister Ryutaro Hashimoto decided to quit. The LDP had expected
      475 words
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      507 11 H How volatile are Asia's markets? Watch the definitive TV H guide that not only provides in-depth analyses of the economic turmoil but also offers possible H Asia in Crisis. Every Friday. 8 pm. I CrIMBC I Repeat telecasts on Sat, Sun and Mon. H ASIA ■o -0.5 12 17
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Now that it's over, let's hand out some awards
      927 12  -  WORLD CUP 98 Chris mattszczyh reflects on the highlights of France 98 and share some interesting observations CHRIS MATYSZCZYK The writer is a creative director based in Warsaw THE World Cup got to us all. It's been proven. Israeli scientists have
      FILE PHOTO  -  927 words
    • Article
      Goofs galore at the World Cup
      867 12  -  Tournament characterised by bizarre misses By I Susan Tsang [SINGAPORE] A young lady was overheard in the washroom of one of those places where fans had gathered to watch the World Cup final between France and Brazil. "Usually I support Brazil, but tonight I
      867 words
    • Article, Illustration
      Lock icon Tarantino on assault charges
      442 12 PERSONALITY Director pleads not guilty; allegations nothing more than palp fiction: lawyer Reuters [NEW YORK] Film director Quentin Tarantino pleaded not guilty on Monday to charges that he assaulted a woman in a brawl, and threatened to countersue her for malicious prosecution. "The allegations against my
      Reuters  -  442 words
    • Article, Illustration
      Lock icon If it's nae Nicklaus, it's nae golf
      790 12 BRITISH OPEN After a long, illustrious career, he will quit PGA tour after 2000 NYT [NEW YORK] For the first time since 1962, when he was a rookie touring pro, Jack Nicklaus won't be teeing off in the British Open when it begins
      NYT; FILE PHOTO  -  790 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      97 12 DOONESBPRY By Garry Trudeau COULP ALL FAILUR3 I ISMATIC. LONBLY YOUNG MeN I RHf fPAP. POI f These ATH- OF OUR lON The ROAPPeAUNGUJfTh 8I c I HAVS ANY —ELsSa, I Lares Be school I non-stop carnal pressure \V M/ siblings* J I J J ACTUALLY, SIR, ITS NOT GOT
      97 words
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      Page 13 Advertisements Column 1
      256 13 Where to wine, dine and entertain... *~i Http:// www.ana-kotels.com Not just seafood citlier. Visit our home page and you can order tonight's dinner from our cyber selection. Browse tlirougli tlie menu, leave us your order and it'll be ready to pick up before you can say 'information superhighway'. We call
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      Page 13 Advertisements Column 2
      121 13 Cheers To a night of 1 9 rea fun ai *d J entertainment ■B4(h at an y* r y' s 8 Happy Hours '*ijf 5.00pm H.OOpm Dailx jfl vi complimentary macks l W entertains y Mondays Saturday s W I 24 Mount Elizabeth. Singapore *****8. j Tel: *****88 Fax *****66
      121 words
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      Page 13 Advertisements Column 3
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      Page 13 Advertisements Column 4
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      Page 13 Advertisements Column 5
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      172 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      850 13 TV&RADIO Premiere 12 6.30 The Pyramid Game. 1.05 Kanma. 7.00 News 5At Seven. 1.30 China's Rarities. PM TV Innovations. 7 t 30 Ni c k Kreno: Licenced 2.00 TV Innovations. r 7 —n 4.00 Space Goofs (l<ast ep). Teacher. 3.00 Below The Lion Hock. J 9 4-30 Kidz Blitz: Grimm's
      850 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      137 13 CRYPTIC CROSSWORD 28 Booked, (7)^ 29 Teenager urges Tony to re- 8 Vital fluid-level check (5,4) YESTERDAY'S SOLUTION form (9) 13 Complained, beginning to get ißlLlolnlnlHlnliilulnro^^MDi DOWN excited (7) IlUrmrmpmoßit^^Mal 2 Batterer featured on news- Pleasant sounds; spoil with sheet causes storm (7) horrid noise (9) 3 Yearned for deanery,
      137 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Building a mine of info
      825 14  -  From feng shui tips to choosing a renovation contractor, BNEX has the details, says toh ban gmw TOH HAN SHIH BNEX is an online site catering to the building industry, with all sorts of information that could possibly interest people in this industry, including Chinese
      825 words
    • Article, Illustration
      Internet links in Fraser service apartments
      353 14  -  By Toh Han Shih [SINGAPORE] Guests of the Fraser Place and Fraser Suites service apartments can log on to the Internet, check their e-mail, and make use of a host of electronic commerce services right from their living rooms. These online services are operating
      353 words
    • BOOK marks
      • Article
        Gear up for BikeAsia cycling guide
        71 14 BIKING enthusiasts can now access cycling resources through a new Web site called Bike Asia, an online guide that provides the latest news, events and other information about cycling. Operated by local company Web Sky Technologies, Bike Asia aims to promote cycling as a
        71 words
      • Article
        Commonwealth Games tickets online
        71 14 SPORTS fans can do away with the inconvenience of queueing up for tickets to the upcoming 16th Commonwealth Games, thanks to a secured method of buying tickets through the Internet. The Web site at www.ticketexpress.com.my is maintained by the official ticketing agent, Ticket Express Sdn Bhd.
        71 words
      • Article, Illustration
        Click on to culinary calendar
        45 14 THE Singapore Food Festival 1998 (July 1-31) has its very own Web site at www.travel.com.sg/traveiysog/eatout/sff/index.html. Highlights include the World Gourmet Summit, a meeting of menus of master chefs from around the world. For information, call the festival hotline at 299-3385.
        45 words
      • Article
        SilkAir offers booking
        58 14 FOR online travel tickets, try www.silkair.com.sg. Singapore's regional airline, Silk Air, which specialises in Asian routes, has developed a five-step online booking for air tickets to 20 destinations in Asia such as Lombok, Cebu and Kunming. Net users can also take part in an online quiz to
        58 words
      • Article
        More in Britain surfing from home
        96 14  -  Compiled by Francis Ang IN Britain, more people surf the Internet at home than at work, according to British researcher Internet Monitor. The quarterly survey found that of the 4.4 million people in Britain who used the Internet in the last six months, about
        96 words
    • Article
      Corrections and clarifications
      87 14 OUR article last week, "Joaquim Florist in online push", stated that "one of the criteria for entry into the SCCCI is that at least half the shareholders or owners of the firm are Chinese". The Singapore Chinese Chamber of Commerce Industry has clarified that the criterion that
      87 words
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      Page 14 Advertisements Column 1
      196 14 (e> MM Security e-business amutancv B E-BUSINESS: MAKING INTERNET banking more secure. architectures. In transforming your business into an e-business, the single most important issue is security. That's why United Overseas Bank worked with IBM when it decided to become an e-business. More specifically, we've Netrust ready enablement enabled the
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      8 14 brought to you by =r =E r 5s
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  • COMPANIES & MARKETS
    • Article
      Non-regional unit trusts top first-half rankings
      505 15  -  UOB's European equities fond stands at No 1; Asian fnnds bring np the rear Ky\ Shiv Taneja [SINGAPOREI Global and international theme funds dom inated the top ranked unit trusts for the half year to June 30 with UOB Asset Management's United European Equity
      505 words
    • Article, Illustration
      Lock icon EnerSave: higher profile is key aim of listing
      414 15  -  By\ David Boey [SINGAPORE] Soon-to-be-listed Acma subsidiary, EnerSave Holdings Pte Ltd, hopes its presence on the Stock Exchange of Singapore's second board would help show that it is "no small fry" when it presents itself to customers in Europe and the United
      CHRIS LOH  -  414 words
    • Article
      Mid-Continent placement fully taken up
      181 15 [SINGAPORE] Mid-Conti-nent Equipment Group Ltd (MES), which is seeking a listing on Sesdaq, has received full subscription for its placement tranche of 16.2 million shares. The placement tranche represents 90 per cent of the company's initial public offer (IPO) of 18 million new shares at"
      181 words
    • Article
      Parkway can't be on the mind of DBS Land at this time
      669 15  -  HOCK LOCK SIEW Lee Han Shih WITH Parkway Holdings' share price sliding below $2.80, investors are again speculating whether DBS Land would mount a bid for the healthcare and property concern. They are asking the wrong question. The
      669 words
    • Article
      Lippo denies taking stake in Massa Motor
      167 15 ISINGAPOREI The Lippo Group of Indonesia has denied that it is taking a stake in local motor distributor Massa Motor. In response to a July 11 article in The Business Times. Lippo's Singapore representative Ricor Silveira said the group "has no intention of
      167 words
    • Article, Illustration
      Lock icon SembCorp shares gain after Indon gas deal signing
      360 15 Talk is that SembCorp may bny stake in Tuas Power Bloomberg (SINGAPORE) Shares of Sembawang Corp rose nearly one per cent on speculation that the company may buy a stake in Tuas Power, following the signing of a US$2.2 billion (53.7 billion)
      Bloomberg  -  360 words
    • REGIONAL COMPANIES
      • Article
        China Everbright gets MAS investment advisory licence
        371 16  -  Group sets up 2 units to support USsloom fund jointly managed with Temasek hYom Quak Hiang Whai in Hongkong STATE-controlled China Everbright Group, which plans to expand into the financial services industry in Singapore, has received an investment advisory licence from the Monetary
        371 words
      • Article
        Dispute holds up SinoPhil's share of profits
        338 16  -  From. Al Labita in Manila PROPERTY firm SinoPhil Corp has yet to receive its share of a Hongkong associate's net earnings because of a dispute with its Malaysian partner Metroplex Bhd. The company said yesterday that the dispute was over a swap agreement,
        338 words
      • Article
        Lock icon Charoen Pokphand unit's new shares
        210 16 Reuters [BANGKOK] Thailand's Charoen Pokphand Feedmill pic (CPF) said yesterday that its shareholders had approved a plan to issue 153 million new shares to raise funds to restructure its agri-busi-ness operations. In a statement to the Stock Exchange of Thailand, the company said the new
        Reuters  -  210 words
      • Article, Illustration
        Lock icon HK developers, govt set fees for the first time in 6 months
        297 16 Bloomberg [HONGKONG] For the first time in six months, Cheung Kong (Holdings) Ltd and other Hongkong property developers set government fees to build apartments, suggesting these developers see an end to a 12-month slump in property prices. During
        Bloomberg; FILE PHOTO  -  297 words
      • Article
        Lock icon PT Polysindo bonds fall on default
        235 16 Bloomberg [JAKARTA] Bonds of PT Polysindo Eka Perkasa, the Indonesia polyester maker, fell on Monday after the company told investors that it will skip an US$ll.7 million (Ss2o million) interest payment due July 30. PT Polysindo also confirmed that it will skip two interest
        Bloomberg  -  235 words
      • Article
        Major shareholder Ling has bailed out of Red Box
        315 16  -  Firm controlled by him sold entire stake of 10.08% in Jane hYorn Eddie Toh in Kuala Lumpur RED Box has "just discovered" that major shareholder Ling Hee Leong eldest son of Malaysian Transport Minister Ling Liong Sik had bailed out of
        315 words
      • Article
        Lock icon World No 1 cement maker to expand in Asia
        316 16 Bloomberg [MANILA] Holderbank Financier Glarus AG, the world's largest cement maker, said it plans to invest US$2lO million (Ss3sB million) in Union Cement Corp, which will become the Philippines' biggest cement maker, as it expands in Asia. Holderbank agreed with closely-held
        Bloomberg  -  316 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Merrill's Q2 earnings rise 13% to record US$545m
        407 17 Fees from selling new stocks and bonds, advising on mergers jump 39% Bloomberg [NEW YORK] Merrill Lynch Co yesterday said secondquarter earnings rose 13 per cent to a record as fees from selling new stocks and bonds and advising on mergers leapt
        Bloomberg  -  407 words
      • Article, Illustration
        Lock icon Harley cruises 12% ahead in Q2
        170 17 Reuters [MILWAUKEE] Motorcycle maker Harley-Davidson Inc on Monday posted secondquarter earnings that topped Wall Street expectations. Harley, which celebrates its 95th birthday this year, earned U5555.4 million (5594.4 million), or 36 cents a share, in the second quarter ended June 28, up 12.6 per
        Reuters; FILE PHOTO  -  170 words
      • Article, Illustration
        Lock icon Microsoft shares surge 3.9% on Q4 profit optimism
        211 17 Bloomberg [REDMOND, Washington] Microsoft Corp share price rose 3.9 per cent to a record close on Monday on optimism that it will report better-than-expected fourth-quarter earnings tomorrow and strong sales of its new Windows 98 computer operating system. The top personal-comput-er software
        Bloomberg; Source: Bloomberg  -  211 words
      • Article
        Lock icon Black & Decker sells its Emhart Glass
        301 17 Black Decker sells its Emhart Glass USsl94m buy gives Bucher a line that's more profitable than current businesses Bloomberg [NIEDERWENINGEN, Switzerland] Bucher Holding AG, Switzerland's seventh biggest machinery maker, yesterday agreed to buy Black Decker Corp's Emhart Glass unit for US$l94 million (*****.6 million) in cash to expand its product
        Bloomberg  -  301 words
      • Article
        Lock icon Big growth at Indian software firms
        355 17 Bloomberg [NEW DELHI] Indian software companies that can provide more services to companies than just piecemeal programming will grow faster, analysts said. Software companies have done well and most of them have been stellar stocks. Infosys Technologies has gained 112 per cent. NIIT Ltd
        Bloomberg  -  355 words
      • Article
        Lock icon Chrysler Q2 gains more than double 1997 figure
        344 17 Results due to cost cots, strong sales, says carmaker NYT [CHICAGO) Zipping smoothly past Wall Street's projections, Chrysler Corp on Monday reported second-quarter earnings that were more than double the strike-ridden second quarter of 1997. Chrysler said that costcutting. strong sales and
        NYT  -  344 words
      • Article
        Lock icon Cable & Wireless may pay up to US$2b for MCI's Net assets
        331 17 Cable Wireless may pay up to US$2b for MCI's Net assets Bloomberg [WASHINGTON] MCI Communications Corp is expected to announce that Cable Wireless (C W) pic, the No 2 UK phone company, agreed to buy all of its Internet operations for US$l.5 billion (552.55 billion) to US$2 billion in cash,
        Bloomberg  -  331 words
      • Article
        Lock icon NYSE chief sees first transatlantic stock exchange by 2001
        234 17 Bloomberg [LONDON] New York Stock Exchange chief executive Richard Grasso said he expects to see the first transatlantic stock exchange by 2001, as the world's securities markets combine to offer more international trading. "I expect to see a transatlantic or transpacific
        Bloomberg  -  234 words
    • FINANCE & COMMODITIES
      • Article
        Refco, Daiwa to offer rubber financial services
        321 18  -  Tie-up allows Refco entry into natural rubber trade; expand its Sicom presence By Siow Li Sen [SlNGAPOßE] US-based commodities power house Refco is teaming up with one of Japan's largest futures brokers, Daiwa Futures, to provide comprehensive financing services to the natural rubber
        321 words
      • Article, Illustration
        DBS Asset Mgt launches European equities fund
        389 18  -  By Shiv Taneja [SINGAPORE] DBS Asset Management yesterday launched a European equities fund the third such fund in four weeks, and the fifth European equities fund available locally. Last month, Schroder Investment Management launched the Schroder European Equity Fund, while Aberdeen Asset Management
        389 words
      • Article
        Lock icon US banks' loan practices unsettling, says regulator
        426 18 Banks raising risk exposure without increasing reserves Bloomberg [WASHINGTON] A top US bank regulator on Monday said commercial loan trends are "unsettling", with banks increasing their exposure to risk while failing to increase reserves. "For a fourth year in a row, commercial underwriting
        Bloomberg  -  426 words
      • Article
        Lock icon Global 100 fund launched in Singapore
        147 18 Reuters [SINGAPORE] Nicholas-Ap-plegate, a US-based fund manager, said yesterday it had launched a fund in Singapore that invests in the top 100 companies in the world according to its own ranking. The Nicholas-Applegate Global 100 Growth Fund aimed to raise Ss4o million in the
        Reuters  -  147 words
      • Article
        Lock icon 17% of US retirement assets in mutual funds
        341 18 Record inflows of USslo4b bring total to USsl.6t last year Bloomberg [WASHINGTON] Mutual funds accounted for 17 per cent of the US$9.4 trillion (Ssl6 trillion) US retirement market in 1997, up one percentage point from the previous year, the Investment Company Institute
        Bloomberg  -  341 words
      • Article
        Lock icon NationsBank's Q2 earnings up 23%
        197 18 Bloomberg [CHARLOTTE, North Carolina] Nationsßank Corp said on Monday second-quarter net operating earnings rose 23 per cent as the bank boosted lending and investment banking. Operating income excluded a one-time pre-tax gain of US$43O million (*****.8 million) from the sale of 67 Barnett Banks Inc
        Bloomberg  -  197 words
      • Article
        Lock icon Euroyen futures ease in slow trade
        250 18 SIMTflf Report Reuters (SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures eased yesterday in languid trade as the market remained fixated on Japan's political arena. Japanese Prime Minister Ryutaro Hashimoto resigned on Monday to bear responsibility for the ruling Liberal Democratic Party's humiliating
        Reuters  -  250 words
      • Article
        Futures continue downward trend
        202 18  -  MS& TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore THE Simex MSCI Taiwan Index futures continued its downward trend yesterday for the fourth straight day. The market rose after the opening on optimism that US computer companies' profits are poised to pick up during
        202 words
      • Article
        Lock icon Crude oil rises on stock fall talk
        201 18 ENERGY REPORT Bloomberg [NEW YORK] Crude oil rose amid speculation an American Petroleum Institute (API) report expected yesterday could show falling US stockpiles. Plunging oil prices forced the Organisation of Petroleum Exporting Countries and other producers to start cutting output in April. More
        Bloomberg  -  201 words
      • Article
        Lock icon CURRENCY REPORT
        272 18 AFP London THE dollar was steady in Europe yesterday against the mark following an IMF-led rescue of the Russian economy but fell against the yen owing to fears of intervention to help the Japanese currency, dealers said. The dollar fell to 139.85 yen from 141.07 late on Monday
        AFP  -  272 words
      • Article, Illustration
        Untitled
        1290 18 MTERBAMK CROSS RATES JulN AS C5 Rwrt ECU ffr Dw HK$ Ind Rs Bupnh Yen Won Ml Pwo S$ Bawd Sfr »T$ Bdrt Pom* US$ 0 913 0.561 3.718 1.109 4.780 26.278 91.294 0.872 7.951 2.582 1.192 28.714 25.781 1.052 1781 0.936 ***** 25.519 0 376 0117 nt7 5606 O
        1,290 words
    • Article
      COMMODITY PRICES
      1853 19 SICOM I'UTUKES Jul i t RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTtS ctntsAq) Close Volume Open Month High Low Sett (tonnes) Interest Aug 98 123.75 290 Sep 98 124.50 340 Oct 98 125.75 1450 Nov 98 127.00 1450 Dec 98 128.50 1450 Jan/Mar 99 132.00 1800 Apr/Jun
      1,853 words
    • Article
      WORLD STOCK MARKETS
      2369 19 LONDON Industrials MM Pwtct *h 3?Group 600.000 9.000 AB Ports 320.000 -4.000 Abbey National >134.240 60.570 Allied Domecq 554.000 12.000 Amec 172.000 3.000 Asda Group 206.400 1.400 BAT Ind 675.400 15.400 BC Pic 369.000 1.000 BICC 130.000 onch BOC Group 857.000 4.600 BR Petroleum 851.000 1.000 BTR
      2,369 words
    • Article
      Lock icon TOKYO
      1659 19 Bloomberg Nikkei 225 +128J2 JAPANESE stocks rose for a second day after a senior government adviser called for 6 trillion yen (5572.6 billion) in tax cuts to revive the nation's ailing economy. Steelmakers such as Nippon Steel Corp and retailers led the rise. The head of Japan's government tax
      Bloomberg  -  1,659 words
    • Article, Illustration
      Lock icon HONGKONG
      1504 20 Bloomberg IHI Han* Sen* HONGKONG stocks were mixed as trading volume slumped to a seven-week low. Falling interest rates lifted HSBC Holdings pic and other banks, balancing a decline in China stocks. The benchmark 33-stock Hang Seng Index gained 79.73, or one per cent, to 8,178.93, after earlier rising
      Bloomberg  -  1,504 words
    • Article, Illustration
      Lock icon CHINA
      631 20 Reuters C 3 Shenzhen B Index -1.94 CHINA'S hard currency B shares slid to new lows yesterday on a wave of selling triggered by concerns about Japan's ability to boost ailing Asian economies. Shanghai's index of B shares for foreigners slumped 5 per cent to a new closing low
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  631 words
    • Article
      Lock icon TAIPEI
      352 20 AFP □wp India -2&31 TAIWAN share prices slid 0.3 per cent yesterday as late selling of property issues wiped out early gains, dealers said. "The benchmark Taiwan Pineapple dragged down other property shares after it touched the bottom price," said Stanly Hsu at Core Pacific Securities. The Taiwan Stock
      AFP  -  352 words
    • Article, Illustration
      Lock icon JAKARTA
      751 20 AFP Composite Index -*420 JAKARTA shares yesterday closed 0.9 per cent up on optimism following the resignation of Japanese Prime Minister Ryutaro Hashimoto and heavy buying in big-cap shares, dealers said. A dealer with a European brokerage said the market was likely to be stable until Japan nominates a
      AFP  -  751 words
    • Article, Illustration
      Lock icon BANGKOK
      761 20 AFP CI SET Index -LO4 THAI share prices were stable yesterday, with the firmer yen offsetting ongoing fears over the state of the domestic economy, analysts said. Weak second-quarter company results expected in coming days and caution over Japan's political turmoil were providing underlying negative sentiment, analysts said. "The
      AFP  -  761 words
    • Article
      Lock icon MANILA
      337 20 AFP Manila +9.02 PHILIPPINE share prices rose 0.5 per cent yesterday due to lower interest rates and the strengthening of the Japanese yen, analysts said. The Philippine Stock Exchange Composite Index rose 9.02 points to close at 1,784.87 points. Turnover rose to 179.9 million shares worth 688 million pesos
      AFP  -  337 words
    • Article
      Lock icon SEOUL
      406 20 AFP n Composite Index +5.36 SOUTH Korean shares ended 1.8 per cent higher yesterday as the yen stabilised and fears over major labour unrest eased despite the start of a general strike here, dealers said. Investors breathed a sigh of relief as the Japanese currency rallied following Monday's resignation
      AFP  -  406 words
    • Article
      Lock icon SYDNEY
      610 20 AFP Q All Ordinaries +35.6 AUSTRALIAN shares jumped 1.3 per cent yesterday following Prime Minister Ryutaro Hashimoto's resignation, brokers said. The Australian Stock Exchange's key All Ordinaries Index rose 35.6 points to close at 2,754.2. National turnover totalled 23.296 million shares worth A 5783.01 million. The All Industrials Index
      AFP  -  610 words
    • Article
      Lock icon WELLINGTON
      260 20 AFP P| Wellington +38.13 NEW Zealand stocks closed up 1.9 per cent yesterday, rebounding from the previous session's slump which came on political uncertainty in Japan. dealers said. Helped by falling interest rates, the NZSE-40 Index gained 38.13 points to 2,078.27 on turnover worth NZ564.7 million. AFP MM (000)
      AFP  -  260 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8577 21 INDUSTRIALS Consumer products Last Vol Day Net Cap High Loo Company Sal* OOO High Low P/C Smll 310 180 Aimomoto 190 10.5 77.0 148 45 Angkasa 45.5 1 91 46 45 U 67.t 290 123 Apollo Food Hlg 145 4.2 58.0 388 190 B«r)aya Land 220 5 86 220 204
        8,577 words
      • Article, Illustration
        Lock icon Shares lower on Japan uncertainty
        429 21 AFP CI Composite Index -0.98 MALAYSIAN share prices closed 0.2 per cent lower yesterday due to a lack of fresh leads and uncertainty over the new leadership in Japan. The KLSE Composite Index fell 0.98 point to finish at 420.33 while the Second Board index
        AFP  -  429 words
    • WARRANTS & OPTIONS
      • Article
        Market ignoring San Teh warrant
        210 22  -  WARRANT WATCH -By R Sivanithy IT would be fair to say that these troubled times have made investors a lot more demanding and discerning than they used to be in the past. In the field of warrants, this means that unless the numbers are very
        210 words
      • Article
        Untitled
        3573 22 BONOS, LOANS ft WARRANTS art 1998 Last Vol Day Last OuoU Avq High Low Stno Company Salt ♦or- COOO) High Low Buyor Seller Price 23.5 9 m 3000 m AMDB cS5%*****6 Z IZZI10 unch 10 10 10 9.5 10 20.5 5 3160 "Acer ******1 US$ 5 unch 1 5 5
        3,573 words
      • Article
        CLOB INTERNATIONAL
        2401 22 Transaction date Jul 14 j MALAYSIAN STOCKS Gf Cf 1998 last Vol Day Last Ouote Mv Dtv YM Nat M Cap High Law Stno Company Sale COOP) High Law Buyer Seller H Cw H Pfc Sm* 135 28 mi 5000 AISBSOc 38 -0.5 59 40.5 38 38 39
        2,401 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6162 23 Transaction date Jul 14 lOOB Cr Of M wt Hiati 1«- c,M„ Z*V v 0«y Last Ouott Dlv Dlv Yld Net Cap Ayg W Company Ml COOP) High Low Buy»r SeMer C'vr P/E Smil Prfca IMOUSTRIALS 43 J 2 1020 ACE Oynamics20c... 12.5 -1.5
      6,162 words
    • Article
      SESDAQ
      1232 23 LMt Vol Dw Last Quote 04v Dtv Yld Nat Can iM High Low StNo Company 5*1* COOP) High Low »«yof Sa«or Cw Pfc $mU Prtca 134 50 0 2000 ABRHIdgsSc SO 4I 795 390 79 243 64 2049 AS Auto 10c 65 unch 95 66.5 65 65 66 1S.0N
      1,232 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        HOT STOCK
        67 24  -  -by Shiv Taneja WANT Want Holdings closed unchanged yesterday at 60 US cents on a volume of 1.48 million shares, compared with its 10-day traded average of 1.1 million shares. The stock is trading just off its 52-week low of 58 US cents. Although the counter is heavily
        67 words
      • Article, Illustration
        Yen, Tokyo stock recovery fail to bolster market
        681 24  -  STOCK MARKET COMMENTARY STII falls for the sixth day in a row amid donbts over yen's ability to hold on to gains and rumours about Renong solvency R Sivanithy RECOVERIES in the Japanese yen and the Tokyo bourse yesterday went some way
        681 words
      • Article
        Untitled
        216 24 Volume MS Land 5,845.000 •MBf Capital 4.849,000 UOB Foreign 2.718,000 *M Resources 2,710,000 •RHB CapBhd 2.526.000 Keppel Corp 2.498,000 ST Engg Hk 2,274,000 'Rekapacific Bh 2,238,000 OCBC Foreign 2.227,000 HK Land USIOc 2.146,000 Stacks DBS Foreign 18.037,203 UOB Foreign 14,087.971 OCBC Foreign I 12,580,370 SPH 11,822.220 DBS Land 8,029,483 City
        216 words
      • ON THE GRAPEVINE
        • Article
          Credit where credit's due?
          183 24 DBS Card Centre recently issued a gold card to an expatriate working in Singapore, but set a credit limit of $8,000 on the card. On inquiry, the expat was told that this was a credit ceiling applied to all expats irrespective of their income (the Monetary
          183 words
        • Article
          Asia crisis is no more fin
          105 24 IS the Asian economic crisis more than just a flu? Kwek Leng Joo, president of the Singapore Federation of Chambers of Commerce and Industry (SFCCI), certainly thinks so. At a Feedback Unit session yesterday, he noted that the government has likened the Singapore economy
          105 words
        • Article
          London scene, S'pore flavour
          100 24 LONDON'S property scene is looking decidedly familiar to anyone who has taken a hit on the Singapore property scene. Prices are beginning to moderate, having almost doubled in certain prime locations during the last two years. One British architect said all her developer clients are now
          100 words
        • Article
          Tickles amid outrage at airport
          150 24 THE chaos at Hongkong's brand new state-of-the-art airport at Chek Lap Kok has provided much grist for the mill for hordes of media writers who have been covering and watching developments there. Columnists are having a field day calling for official inquiries into the fiasco
          150 words
        • Article
          Distingnishing the Li's
          88 24 WE hear that staff at Hongkong magnate Li Ka-shing's Cheung Kong office differentiate between Li elder and his son Victor by referring to the former as Lei Sang (cantonese for Mr Li) and the latter in English as Mr Li. Helps avoid confusion, they say. One wonders
          88 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      145 15 DBS Asset Mgt launches European fund, Pg 18 m v V Bw «<■* V IBT 1 i» XL,..v: Want to know your customers better? Hakuhodo can introduce you to the seikatsusha, or individual, in virtually any corner of the world. Treating consumers as seikatsusha is the cornerstone of our unique
      145 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      658 16 BUSINESS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OE I.AU Kl EI HLAT (SINGAPORE) PTK I.TD (In Members' Voluntary Liquidation) FINAL MEETING Nobce is hereby given pursuant to Section 108 of the Companies Act. Cap. 50. that
      658 words
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      Page 16 Advertisements Column 2
      378 16 IN Till MATTKR OH THK COMPANIES ACT. CAP 50 AND IN THK MATTKR Ol MARINK SOLUTION PTK LTD (INCORPORATED IN SINGAPORE (IN MEMBERS' VOLUNTARY WINDING UP) NOTICK OK SPECIAL RESOLUTIONS At an Kxtraonlinary General Meeting of the Company duly convened and held at Blk 711 Woodlands Drive 70*08-57 Singapore 7
      378 words
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      Page 16 Advertisements Column 3
      227 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SERVICE MERCHANDISE (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of The Companies Act, Chapter 50, that the Final Meeting of the members of the abovenamed company will be
      227 words
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      Page 16 Advertisements Column 4
      7 16 TURN TO PAGE 24 FOR MORE NOTICES
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      Page 16 Advertisements Column 5
      28 16 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. A Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service
      28 words
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      Page 17 Advertisements Column 1
      97 17 Advertising in Turbulent Times Are you qettinq the rea<sh as promised? SHIPPING TIMES Q UARANTEES *48,000 daily circulation! In Singapore, when you want to reach out to a select target audience in BITS only one daily offers you the advantage of maximum reach at minimum cost. And that's Shipping Times.
      97 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      99 20 As you would expect, every Montblanc is crafted to transcend time. Meisterstiick Reserve de Marche 18K solid gold, in the finest tradition of Swiss craftsmanship. Kmjt y ;j| THE ART OF WRITING YOUR LIFE MONTBLANC IOUTIOUES SINGAPORE: NGEE ANN CITY #01 32, RAFFLES CITY #01 37A MONTBLANC CORNER: WATCH PALACE,
      99 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      64 22 Id like to place an A buyer J I love this car V advertisement to J I the very J f that I found my next day J I through j f a > >v The Straits Times ■PS v —y Vroom classified. V Buyinfi or selling through QH The
      64 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      28 23 X. bouquet of flowers j J >^my r2> JERkM|t|l Buying or selling through #5P yji^it"y The Straits Times Classified is child's Play. I i Call CAT.S. at 1800-737-1166.®
      28 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      533 24 BUSINESS Xoticcs To advertise call toll-free 1800-741 ISS3 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OK PERFORMANCE TECHNOLOGY PTE LTD I Incorporated in Singapore) At an Extraordinary General Meeting of the abovenamed Company duly convened and held al SI Newton Road #08-04 Goldhill Pla/a
      533 words
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      Page 24 Advertisements Column 2
      314 24 NOTICE IS HEREBY GIVEN that, I Chng Beng Hua of 8, Lornie Road Singapore *****3, have applied for a Public House, First Class Licence in respect of M/s Orchard Grand Court Pte Ltd located at 131, Killiney Road, Singapore *****1, and that this application will be considered by the Liquors
      314 words
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      Page 24 Advertisements Column 3
      366 24 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF INTEGRATED DISPLAY TECHNOLOGY (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6)
      366 words
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      Page 24 Advertisements Column 4
      418 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 J GERBER CO (SINGAPORE) PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 10 July 1998. the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up
      418 words
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      Page 24 Advertisements Column 5
      511 24 1 Invitation for Bids Date: 29 June 1998 IFB No: MT/S-VILL/98 1. The Government of Maldives, represented by Ministry of Tourism, has announced the development of Villingili in Addu Atoll, initially with 500 beds, with the option for further expansion after the resort has been in operation. 2. The Ministry
      511 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      312 25 Bridge News TRADING was very sluggish with little in the way of fixtures or cargoes emerging. Some brokers think the recent slight improvement for nearby Panamaxes in the Atlantic may have peaked with most July cargoes now covered. Brokers are expecting rates to start easing again as too
      Bridge News  -  312 words
    • Article
      MARITIME STOCKS
      283 25 so too J*W HI CWT Distribution 0.3« -O03 32 Chuan Hup 0.375 +0.015 279 Cosco Invastmant ..0.49 -0.01 6 Fraight Links _0.18 unch 78 GB Holdings 0.20 Hit Sun Hup 0.40 *0.02 73 Hitachi Zosan 0.515 *0.01 39 IMC Holdings HK 5.60 Jaya Holdings 0.40 *0.03 5 Jurong
      283 words
    • Article, Illustration
      Tanker captains get jail sentences for spill
      471 25  -  In mitigation hearings, lawyers for both had called for non-custodial sentences By Marcus Hand [SINGAPORE] The captains of the two supertankers involved in Singapore's worst ever oil spill last year were both sentenced to short jail terms yesterday. District Judge Adrian Soon sentenced
      471 words
    • Article
      New charge on Asia-Canada route
      162 25 [SINGAPORE] Lines on the Asia-Canada trade are to impose a container re-position-ing charge from next month, in an attempt to combat the growing trade imbalance. The 12 major shipping lines in the Canada Transpacific Stabilisation Agreement (CTSA) will impose a US$2OO per 40-foot container charge
      162 words
    • Article
      Battle with EU: it's time shipowners spoke in one voice
      726 25  -  STRAIT TALE By- David Hughes A THE European Union plays things slow. So slow, in fact, it is tempting to think nothing is happening or that there is no cause for concern. Now that the northern summer is here, slow
      726 words
    • Article, Illustration
      Star attraction leaving Meyer yard
      191 25 [SINGAPORE] The latest ad dition to Star Cruises' fleet, SuperStar Leo (above), left the Meyer Werft shipyard in Germany on Saturday and headed for the River Ems for finishing touches to be put on the 75,000 gross ton cruise ship. The US$35O million (Ss6o2 million)
      191 words
    • Article
      Lock icon Ferry owner quizzed over shooting
      133 25 Lloyd's List [ATHENS] A ferry owner has been questioned by police in connection with the shooting of fellow ferry operator, Constantinos Agapitos, late on Sunday night, Greek television and radio stations reported. Mr Agapitos, 40-year-old co-owner of Agapitos Express Ferries, was wounded three times in
      Lloyd's List  -  133 words
    • Article, Illustration
      Lock icon Sights set on being the best
      793 26 TAMO MING LINE Taiwanese container line has ambitious strategy to deal with the present slump in the industry DNV Forum MAKE the best better, never cease before perfection, is the slogan of Taiwan's Yang Ming Line (YML). The contain-er-line company, which celebrated its 25th
      DNV Forum  -  793 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      363 26 PAGE Evergreen 6 ANL 3 Express T L M Accord 8 Farwide 14 Ahrenkiel M FoofM > Sun 8 Appenship 5 frota 15 Astro 3 Frt Links 16 AsiaOCL 14 CLil 4 Austral 9 Gemartrans 8 Avant 16 Genshp< > 9 B tang
      363 words
    • Article
      SHIPPING GUIDE
      18079 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnstl Voy age Teiepfvone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number "Wei :< >' WKsSgt6feS4MNM 1*? 21/07 a/08 P1L BUNGA TERASEK 211 45-32*993 TO ABIDJAN (ABJ) 2003 T BUENOS AIRES (BUE)
      18,079 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        838 41 Vessel Voy No Berth Arrival Departure Asian Banner 1 J09 alongside 16 07/1300 Asian w-nd t j04 alongside 15 07/0600 Auiia Serava 2198 J02 alongside M 07/2000 Bt Berkah 2JU198 JOI alongside 14.07/2)00 Bt Citradaya *****8 J01 alongside 15 07/1200 Bt Fiskaria 2JU198 JOI alongside 14.07/1500 Bt Kar
        838 words
      • Article
        CONTAINER SCHEDULES
        1922 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Ac I Clo»w 0421 17/1600 IA M/tSOO M/1459 M/1900 II M/1500 VVM9I M/1900 2A M/1700 15/0459 15/0900 21 14/1700 15/0459 1V0900 3 15/0700 15/H59 >5/1400 4 IS/1200 15/1459 15/1700 As
        1,922 words
      • Article
        GLOBAL HOLIDAYS
        183 41 Jul 15 Brunei: HM The Sultan's Birthday. Jul 17. South Korea: Constitution Day. Jul 20. Japan: Marine Day. Jul 21 Belgium: Independence Day. Aug L Switzerland: National Day. Aug 3. Ireland Republic Of: August Holiday. Aug 10. Singapore: National Day Holiday. South Africa: National Women's Holiday. Aug 12.
        183 words
      • Article
        COCKETT BUNKER MARKET REPORT
        989 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and the
        989 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        592 41 Carton 180 Max 994.5 0.9 17.1 0.10 84 0.07 j u l o Density Water Residue Ash Aluminium Sediment No above E25 4 0 10 —TT 380 Ave 986.7 0.3 16.5 0.07 26 0.03 tlI 380 Ma> 992.8 0.9 19.0 0.11 58 0.07 «6/M'3 v/v M/M
        592 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon HK airport authority to help in probe into chaos
        476 42 The body says it has nothing to hide as public criticism grows over fiasco AFP [HONGKONG] Airport authority said yesterday that it will cooperate with a new enquiry into the airport's chaotic opening, but warned that the rash of enquiries could
        AFP  -  476 words
      • Article
        Lock icon Crew still missing after Azeri plane crashes in UAE
        351 42 Reuters [DUBAI] Rescue teams have failed to locate any of the eight crew of an Azerbaijan cargo aircraft which crashed in flames off the United Arab Emirates (UAE) coast overnight, officials said yesterday. "Search and rescue operations are stiU under way.
        Reuters  -  351 words
      • Article
        More ANZ flights to S'pore
        184 42 [SINGAPORE] Air New Zealand (ANZ) will increase services to Singapore, London and Los Angeles later this year as it shifts capacity to more buoyant markets amid the downturn in Asian travel. ANZ will introduce two additional Boeing 767-300 services between Singapore and Auckland from November,
        184 words
      • Article, Illustration
        Lock icon Air bag concerns: GM recalls some cars
        138 42 AFP [DETROIT] General Motors said on Monday it was recalling 862, 962 Chevrolet and Pontiac vehicles manufactured between 1995 and 1997 because of concerns about the deployment of air bags. The vehicles in question, the Chevrolet Cavalier and Pontiac Sunfire, "may experi- ence
        AFP; REUTERS  -  138 words
      • Article
        Lock icon Nod for PAL asset sell-off
        209 42 AFP [MANILA! Stock exchange authorities here yesterday approved the first sale of assets of Philippine Airlines (PAL) as part of a rehabilitation plan to save the firm from bankruptcy. The initial sales will involve aircraft parts and equipment to other carriers including Tower Air and
        AFP  -  209 words
      • Article, Illustration
        Lock icon JAL's first Boeing 777-300
        46 42 [WASHINGTON] A worker painting details on Japan Airlines' (JAL) first Boeing 777-300 last Wednesday at Boeing installations in Seattle. JAL's first 777-300 will be named 'Regulusthe lion's heart in the constellation, Leo. Japan represents the largest international marketfor Boeing widebody airplanes. REUTERS
        REUTERS  -  46 words
      • Article
        US panel mulls joint airline service plan
        556 42 Major airlines say the proposal amounts to reregnlation [WASHINGTON] US senators were to consider a proposal yesterday that would require major airlines to offer joint service with their smaller rivals in some underserved markets. The plan, opposed by major airlines, will come up
        556 words
      • Article
        Lock icon Royal Brunei to go for major revamp
        318 42 AFP [BANDAR SERI BEGAWAN] Royal Brunei Airlines is to modernise its fleet, review its routes and marketing strategies and venture more aggressively into cargo operations in a major shake-up, officials say. The revamp, under the supervision of foreign experts, aims to help oil-rich
        AFP  -  318 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1840 42 CITY FLIGHT ETA FLIGHT ETD 0f06 1805 LH787 2359 Amm S0230 1910 *****6 2359 Amsterdam N***** 0755 KL838 2300 Futaofca SOW 1700 ***** 0115 S024 2320 Guangzhou PRC C2351 2045 S0327 0755 Hanoi VW741 1310 VH742 0905 KLB37 1455 S0175 1840 S0176 TK>5 Auckland N***** 2050
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      21 25 Tang Ming Line wants to be the best Taiwanese container line has ambitious strategy to deal with present slump. Page 2
      21 words
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      Page 25 Advertisements Column 2
      89 25 <^9feTHE PORT OF MOSCOW, HELSINKI AND STOCKHOLM It's full speed ahead for the new millennium in the Port of Hamburg. Want to send goods from Germany, Austria or Switzerland to Scandinavia, Russia, Estonia, Lithuania or Latvia? Arrange for exports from Finland to Asia or shipments from South America to Sweden?
      89 words
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      Page 25 Advertisements Column 3
      21 25 HK airport body to help in probe The authority says it has nothing to hide as public criticism grows Back Page
      21 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1149 26 I NORTH AMERICA 1 I EXPORT I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA DIRECT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANDES EXPRESS SERVICE (II) *>Y nil lit Ml HOU OK MY HDOCOOTY VKSB VOT MM MANZAMUO MIINAVENTURA 0000 lOUIOUE ANTOEAGASTA S. ANTONkT OOCI AMERICA 27E520 00/07
      1,149 words
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      Page 26 Advertisements Column 2
      766 26 Kn Lines services represented [-©s®-I by Members d the Registry of Accredited Shipping Agents >2'i' 2S Singapore Shipping Association Members of the Singapore Freignt Forwarders Association CONTAINERS/CONVENTIONAL CARGO ACCEPTING ON DIRECT SAIUNG TO MALE ETA(SING) ETA(MALE) MA' Princess Lily V 0298 18/07/98 25/07/98 MA' Princess Lily V 0398 10/08/98 17/08/98
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1057 27 TO EUROPE FROM EUROPE vissa vor sw htm and ham rov sou »t leh Ivissti vot rtm amr ham my sou in uh uh HY ADMIRAL 314W 16/07 OS/Ot OS/OS 06/00 03/00 NOHOUTT 0071 22/06 13/06 26/06 27/0* 14/07 NO! (MAI 002W 17/07 02/08 04/00 07/00 00/00 HY BARON 3131
      1,057 words
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      Page 27 Advertisements Column 2
      2034 27 HANJIN SHIPPING HANJIN SHIPPING (S) PTE LTD Imp Umm hanpi com BOOKING *****35 23/ SAIfS *****24 231 WKUMfNI *****71 274 OPERATIONS *****41 252 MAIN LIN€ *****55 FAX 222W40 (INO **********0* TO NW USA CANADA USA CANADA* FM VSI/VOY MM SIN LINE HAUI/VOT SEA TTW DEN POX OR MSP PIT OTT
      2,034 words
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      Page 27 Advertisements Column 3
      466 27 FULLY CONTAIN IRHIP PIPICATtP SiRVHIS VESSEL VOY_ _SIN_ PKG VOY SIN HKG KEL USN PUS [ftSSEL KMTC HONGKONG 804S 02/00 04/00 004N OS/OS 09/00 11/00 1 3/00 14/00 j SQ* j!^;! KMTC KEELUNG 80SS 05/07 07/07 OOSN 00/07 12/07 14/07 16/07 17/07 jKMTf KPFI IINf, BcV: I C/ ***** I
      466 words
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      Page 28 Advertisements Column 1
      1505 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA VESSEL VOY SIN L£H HTM AMR HAM »BV FIX VtSSEL VOY SIN -HO GIT SP€ FOS WC MTU TRADE HARVEST WOB3l 1107 II 07 II M 3017 J1 07 02 00 JAPAN SENATOR WINI3I 11 17 72 07 »17 3117 11 n 13
      1,505 words
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      Page 28 Advertisements Column 2
      1498 28 MY MINC internet Web Site http: //www yml.com. tw j% kit A Jll *4* Hf It> v-4 Emai AddreM: cs hp72oymlcom,w i/i i J'Uii '> 1 in g4 v tii ifi4': i a*:: n: :4 iajmU'lU tvwce weeklyeverythuhsoay/sunoat VESSEL VOY SIN RTM HAM FXT LEH ANR MING GALAXY AB2BW 16/07
      1,498 words
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      Page 28 Advertisements Column 3
      413 28 LINE SB? jA TILi *****36 FAX: *****13 MUARA LABUAN vissa vor m> eta visscl vor etd ita SKMI MUARA STORE LRU APM.GUXY VIM/W 11/07 21/07 *«»CW«T VIM/W IR/07 22/07 APttGUMY VIH/N 27/07 10/07 APRtGUXT VIU/10 27/07 11/07 IftOSfH VIW/W 02/01 OJ/0R J-WOSfB VIII/ 10 02/00 Oi/OR K. KINABALU KUCHING 1
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      Page 29 Advertisements Column 1
      1348 29 [VESSEL VQY SIN PGU PKO PEN BLW SUR PUB 3HJ BA BIK IRAN GHEYAMAT PJL 1292 09/07 18/07 19/07 21/07 IRAN MATIN PJL 1297 18/07 27/07 IRAN HESABI PJL 1304 28/07 05/08 05/08 06/08 IRAN TAKHTI PJL 1300 07/08 17/08 17/08 18/08 IRAN SATTARI PJL 1306 16/08 25/08 25/08 26/08
      1,348 words
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      Page 29 Advertisements Column 2
      2686 29 ALL-WATER DIRECT ¥0 1 NEW YORK IN 28 DAYS A I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #i7-os dbs bldg sales/ikgs *****41/43 inward dept (0/0) *****8S COSTAR AGENCIES (M) SDN BHD CRNO: *****89Q000M TOWER TWO (*****9)
      2,686 words
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      Page 30 Advertisements Column 1
      1336 30 EUROPE AiK/SCAHDINAVIA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHW THP ROM ANW HBG PKL SGP E DAINTY RW-006 19/07 07,08 12/08 08/08 10/08 11/08 12/08 E REFINE RE 016 21/06 23/06 22/06 24/06 26/06 18/07 19/07 E RESULT RW 020 24/07 12/08 17/08 13/08 15/08 16AJ8 E REACH RE
      1,336 words
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      Page 30 Advertisements Column 2
      738 30 tk. AM IVIAU-NcLS S PURE M'SIA Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I IYV J W 00ft 1200S7S0000C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING (082) *****1-3 ROTTERPAM/FEUXSTONE
      738 words
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      Page 30 Advertisements Column 3
      397 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel I vor I sin piu ptw (ft I r/raT" KAKTAJ DRAGON VQO7S 15/07 75/07 79/07 03/W WANTAI PtIWCE VQ23S 26/07 W/M U/08 IjWM VENUS VO2BS 03/08 12/08 16/01 21/08 75/01 golden mm voots 11/08 21/08 25/01 30/01 NAMTAI PtINCESS VO23S
      397 words
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      Page 31 Advertisements Column 1
      460 31 BSfl mm. MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) VESSEL VOY SM PKL PEN PGU MOMGIA ISW SLD SITTWI 81W SU) MALAYSIA AGENTS: lOUSTEAD SHIPPING AGENCIES KUL TEL (03)*****00 PKL TEL (03)*****01 PEN: TEL (04)*****02 PGU: TEL (07) *****21/4 BANK LINE (A service of Andrew
      460 words
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      Page 31 Advertisements Column 2
      1241 31 HMk HYUNDAI MERCHANT MAR| NE CO.^LTD IVKsa vorisw sou I lb< ktw awt I ham Imv 1 eel Ivcsa vor I sou I I btm I awt hom Inv I fsiswi MX AGATE 007W 13/07 W/07 30/07 01/08 04/ M MXCYFRM 0051 19/06 27/06 20/06 24/06 13/07 HYADMIRAL 314W 16/07
      1,241 words
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      Page 31 Advertisements Column 3
      1188 31 noTMogan spenalized outocorners ©as®@ mm mmi//v£s TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" I VESSEL VOY RAMP HEIGHT I SIN LAX CRL MIA SAV BAL OSF NYC NEW MOB TOURCOING FSIS 400 Tow 6.3 M ~3«707" ~2470T WW 05/09 07/09 09/09 WW 14/09 15/09 TAPKHA FBl6 400 Tom 6.3
      1,188 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1990 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 818 TEL: *****68 FAX: *****64 TLX R*****5 SINMER BliV CR No: **********0W Receiving Cargo at PTI Bintulu Muara vtssti m sin iru yor sw mua 8 Sera V9814E 77 23/0/ 28/07 MJode V9817E 19-20/07 75/07 B Sera V9Bl 5€ 0405/08
      1,990 words
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      Page 32 Advertisements Column 2
      35 32 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders MUARA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax:6s-276 3740
      35 words
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      Page 33 Advertisements Column 1
      420 33 WIW INDONESIA NATIONAL LINE TO EUROPE ~H EXPRESS SEMt-CONTAINERISED SERVICE« V»l- VOY IS PORf A DAM,H QAM H lUHG IREMEW ANTWERP A VESSEL 20/10 25/10 OMIT 05/11 TO AUSTRALIA ~1 FULL CONTAINER SERVICE VOY BME WD Mai HM ML BK MJSTMLMM EMTBVHS ISS IVJ7 IM7 2M7 31/07 U« 0U» OMS
      420 words
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      Page 33 Advertisements Column 2
      849 33 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CO NO **********06 [VKSn VOT PKL MM 'I M SYD Mft M» Ml Ml W SlN*] HJHC* TttAIAl 2 8T02*3 14/7 16/7 22/7 27/7 W/7 7/« H/» 18/8 19/8 HOT* PEBWIRA PWROO9 \t[l 20 -7 30,-7
      849 words
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      Page 33 Advertisements Column 3
      916 33 VESSELS VOY I SIN j JED I MLA LEH HAM THP RTM Zff WJLED6GEMW4A H2&H 23/07 01/06 06*06 11/06 13*06 15*06 15*08 1&06 VILLE DORION Y26W 28/07 06/06 11/06 16/06 18/06 19/06 18*06 2QAB VILLE DE MIMOSA V27W 07/06 16/06 21/06 26/06 28/06 28/08 28*06 30CT VKXE DE TANYA T27W
      916 words
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      Page 35 Advertisements Column 1
      47 35 STEm| Dial 740-6000 on aemana —Mar (Retrieve more schedules!) Press "1" Select the port and key in IfeS our d'9'* coc e —eg: To New York (NYC) 2275 STKey in your fax number your phone number Another innovative service offered by The document will be Shipping Times
      47 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      54 37 lilllllillllHlMl I II STqflDial 740-6000 OR Q€ *****10 —(Retrieve more schedules!) Press "1" Select the port and key in J the four digit code eg: To New York (NYC) 2275 STHrf 1 Key in your fax number your phone number Another innovative service offered by The document Will be SHIPPING
      54 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1981 38 SAMUDE RA shipping line ltd 1 5 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********QD BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CEMA/MEI CHAW 7 SLGS/WEEK 2 SLG/WEEK I VESSEL pwv SIN TjAK [VESSEL VOY SIN [PLB XPRESS PADMA 901 IN
      1,981 words
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      Page 38 Advertisements Column 2
      334 38 rrrg Singapore Soviet Shipping CPL aNo 100 $*****00* Multiline Shipping Pi W33J (WMrOMMdSMvy) a n* u;s7f3oooo( VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNOO7 17/07 25/07 08/06 Q7/06 KOTARATU RTUOIS 23/07 31/07 12/08 14/08 BUXMOQN 115N 28/07 03/08 15/08 18/08 vessel wy m calcutta m NEVELSK23SV 117-18/071 24/07 01/08
      334 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1015 39 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE I VtSStL VOY SIN CMB PIR LA SPCZIA I VIC LEH I FXT I ANT M§C MARTINA 9926-3 13 JUL 17 JUL 24 JUL 27 JUL 29 JUL 02 AUG 03 AUG 04 AUG NOR SHANGHAI 9827-3 15 JUL 19 JUL 26 JUL 29
      1,015 words
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      Page 39 Advertisements Column 2
      1001 39 Till-: LINK WITH (TSTOMKIi NKKDS IN MIND^BpR mam@ MALAYSIA INTERNATIONAL SHIPPING CORPORATION BERHAD u L J ,»Sy.» ORT KELANG: 03-*****53. PENANG: 04-*****22/5. JOHOR BAHRU: 07-*****88. PASIR GUOANG: 07-*****00, *****43. *****86. IPOH 05-*****40 03-*****88. SINGAPORE: 02-*****22. JAKARTA: 21-*****64/5. SURABAYA: 31-*****1. MEDAN: 61-*****7/9, SEMARANG: 24-*****4. VESSa/VOYAOE SPQQE I SOU 1 RTM 1
      1,001 words
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      Page 39 Advertisements Column 3
      813 39 VBtt/VOYAOE I SOU pa I HAM Il« s pore kqre nagoya shmhzu 1 TOKYO NYK CASTOR 03U2S 21.0* 22.06 24.06 27.06 1107 19.07 21.07 24.07 2107 HOKHST EXPRESS 40EA26 29.06 01.07 02.07 OMIT 21.07 27.07 2107 30.07 2907 PONI SOUTHAMPTON 02EA27 05.07 06.07 07.07 11.07 2107 0101 04.01 06X7 OS.OS
      813 words
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      591 40 I VESSEL VOY SIN MAA SIN I TIGER WAVE 634N 14 15/07 19-2&07 I TIGER BAY 635N 14 15/07 30-31/07 I TIGER ISLAND 636N 17 18/07 22-31/07 05 06,-08 I TIGER BRIDGE 637N 22-23W7 28-04,08 09-10/08 I TIGER BAY 638N 30-31/07 04-11/08 15-16/08 I TIGER WAVE 639N 02 03/08 08-17/08
      591 words
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      Page 40 Advertisements Column 2
      1052 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOL TO SHANGAI LAEM CHABANG CEBU, PHILIPPINES ®FOR BOOKING, PLEASE CALL OUR TOLL FREE LINE: Overseas Offices Hongkong *****113 flms@asiaonline.net Port Kelang *****40 flem@tm.net.my Bangkok *****42 kunthida@fleth co.th Surabaya *****00 fle-sub@sbv.mega.net.id I Jakarta *****48 flei6B9l@rad.net.id Penang *****90 flepsb@po.|aring.my
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      Page 40 Advertisements Column 3
      1083 40 OOCL (Singapore) Pte Ltd CFS Keppel Distrpic 79 Anson Rood #21-04 (S) *****6 Ik 513 #01-128 cfc). CR N**********00H Tel: 272 7827 for booking c^A Td: *****13 Fax 221 3942 Fox: 272 7825 /n\ V 0001 Mal °y sia n Bhd. 4 w sj PfTAUNG JAYA let 03-756 776 Fox:o3-7565
      1,083 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      130 41 LEGEND R Thunderstorm Temperature X\ V Shower Weather -V Wind direction with speed in knots ••Ram Cloudy Sky Wave height Surface winds ore indicated by arrows which fly with the wind (J One tull circle represents calm or light and variable winds J One holt fleche represents 5 knots One
      130 words
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  • PROPERTY SUPPLEMENT
    • Article, Illustration
      Lock icon WORKING THROUGH THE MAZE
      418 43 For homeowners and prospective homebuyers and that would cover most of us- the current property downturn throws up a whole maze of possibilities and pitfalls. The million-dollar decision for many now is whether to stay put or to scout around for a new property and essentially
      Ben Cruz  -  418 words
    • PROPERTY SUPPLEMENT: RESIDENTIAL
      • Article, Illustration
        Take heart in the long-term view
        735 44  -  All's not lost if you avoid debt, hang on to your assets and tenants, manage them well, and think long-term B,f Tay Kah Poh The writer is director of consultancy research at Knight Frank Pte Ltd THESE are challenging times for the residential property
        735 words
      • Article
        Freehold or leasehold?
        874 44  -  A lot depends on whether the buyer is looking for a home, or rental returns iw Willy Shee The writer is managing director, CB Richard Ellis THIS perennial question is one of the many issues residential property investors in Singapore need to grapple with. With over 160,000
        874 words
      • Article
        Benefits to the buyer
        290 46 ♦Sale and purchase is effected on the spot. The nature of an auction is such that a sale takes place on the spot and the vendor cannot retract from the sale. This eliminates sometimes long and tedious negotiations. ♦Buyer can assess the buying mood. In the
        290 words
      • Article, Illustration
        SOLD! ON AUCTIONS
        232 46  -  By Mary Sai The writer is director of the auctions dept, Knight Frank Re Ltd. The wide coverage of property auctions by the media in the last few months has triggered intense public interest and curiosity. Monthly auctions with average attendances of about 60-100 people comprising house
        232 words
      • Article
        What buyers should do
        274 46 ♦Conduct prior checks and searches. As the property to be auctioned is advertised weeks before the auction day, you should request to view the property and call for title searches. ♦Arrange for funds and valuation, and seek legal advice. You should discuss with your banker and
        274 words
      • Article
        A time of change for the HDB resale market
        1037 46  -  Tighter financing roles and higher resale levies have lowered prices, leading to higher sales for now By, Abdul Hadhi The writer was a BT journalist [SINGAPORE] With more than 85 per cent of Singapore's population living in Housing and Development Board
        1,037 words
      • Article
        Housing loans: finding the best fit
        1423 48  -  A breakdown of the various components in a loan, and the packages on offer By, Amy Lee-Khor, Ong Seow Eng Dr LeeKhor and Dr Ong are from the School of Building and Real Estate, National University of Singapore THE current weakness in the property
        1,423 words
      • Article, Illustration
        Lock icon Changes in affordability and their catalysts
        765 48  -  Private boosing has become more affordable since 1996 By' Yu Lai Boon Dr Yu is associate director and head of research at Jones Lang Wootton HOUSING affordability has always been an issue of concern to Singaporeans. The 10year bull run and asset inflation in
        Source: JLM Research  -  765 words
      • Article, Illustration
        Lock icon Tracking trends in the rental market
        682 49  -  Softening demand, increasing supply have cnt up to 20% off rents for some non-prime units, since 1997 By' Tay Huey Ying, Caroline Hogan Ms Toy is associate director of consultancy and research at Colliers Jardine and Ms Hogan is senior manager of residential leasing.
        Source: Colliers Jardine  -  682 words
      • Article, Illustration
        A tenant's market
        158 49 ♦Longer hunting time With so many newly completed developments, tenants are spoilt for choice. With an experienced leasing agent, a property in a good location may take three to four weeks to find a tenant, compared to one or two weeks before. ♦More demanding tenants Tenants prefer
        158 words
      • Article, Illustration
        Tips for landlords
        155 49 ♦Right development Well-landscaped condominiums with full facilities are preferred and districts 9, 10 and 11 are the favourite haunts of expatriates. Districts 15 and 16, and newer developments in Districts 4 and 5 are also becoming popular. ♦Good Unit The unit should have unblocked views, preferably of
        155 words
      • Article, Illustration
        Lock icon What you get for $28,000 a month
        240 50 AT $28,000 a month, this luxurious Four Seasons Park apartment is one of the most expensive to rent in Singapore. The 3,800 sq ft six-bedroom apartment is owned by a well-estab-lished Indian family in Singapore, and was the original showflat for the premier
        PHOTOS BY CHRIS LOH  -  240 words
      • Article, Illustration
        The residential A – Z
        480 52 The residential A Z An overview of major new launches and since late 1997 to make your search for a suitable J'f home easier J> r LEGEND Non-landed developments Landed developments Launch/relaunch date MRT lines/stations North-east MRT line/stations under construction Note: The psf prices indicated are estimates, calculated in June,
        480 words
      • Article, Illustration
        Which way will the property wind blow?
        749 62  -  'Feng shui' experts say the Dragon will banish Tiger woes, 2 years from now By Clarissa Tan The writer is a BTjournalist FROM his sleek-looking consultancy centre at Fu Lu Shou Complex, a shop-lot flanked by more colourful ones selling incense, joss sticks
        749 words
    • PROPERTY SUPPLEMENT: COMMENTARIES
      • Article, Illustration
        US fad could revive the market
        887 54  -  COMMENTARY A sell and lease back arrangement could help companies improve their returns on assets By Lee Han Shih The writer is a BT senior correspondent IT is a perennial complaint that the Singapore property market lacks a good choice of investment properties. But
        887 words
      • Article, Illustration
        Don't apply planning rules blindly
        816 54  -  A call to follow the spirit, not letter, of the law By Jeffrey Heng The writer, a chartered town planner, is CEO of Centrepoint Properties IF only life could be simple. Of course, it cannot always be so but that does not stop us from
        816 words
      • Article
        Modest outlook for the office market
        876 55  -  Softening rentals benefiting newer devts at the expense of older ones, but govt measures are helpful By. Angela Tan The writer is executive director, commercial at Edmund Tie Co AFTER four years of exceptional growth, the office market turned in a moderately good performance
        876 words
      • Article, Illustration
        Lock icon A good time for retailers to do some soul searching
        982 55  -  Survival hinges on costs, competition, customers, consolidation, collaboration By' Wang Look Tsui The writer is executive director of retail corporate affairs at Edmund Tie Co IN the last five years, the lacklustre performance of the retail market saw the steady
        CHRIS LOH  -  982 words
      • Article
        Crisis puts S'pore in good light
        722 56  -  In addition to being an oasis of stability, falling rents also make the Republic a cheaper business location than Hongkong, Tokyo By I Steven Choo The writer is executive director of Jones Lang Wootton THE outbreak of the regional financial crisis in the final
        722 words
      • Article
        Asia's hotels facing consolidation
        1071 56  -  Newcomers expected from North America, Europe and the Middle East By\ Eric Levy The writer is president of Horwath Hotel Partners ASIA has so far seen fewer hotel transactions compared to other parts of the world. But this is about to change. A combination of new
        1,071 words
      • Article, Illustration
        Lock icon Greater emphasis on rental yields
        802 57  -  Without capital appreciation, buyers are demanding a yield of at least 5-6% By* Jeremy Lake The writer is executive director (investment) at CB Richard Ellis THE domestic property market is no different from property markets around the world. All go through cycles with peaks and
        FILE PHOTO  -  802 words
      • Article, Illustration
        Lock icon Keeping industrial market stable
        1416 58  -  Company premises can be upgraded as industrial space demand softens By Dennis Yeo The writer is regional director (industrial) at Colliers Jardine (S) Pte Ltd SINGAPORE'S trade-led economy has experienced two consecutive months of decline in non-oil domestic exports. In addition, the electronic industry, a key
        FILE PHOTO  -  1,416 words
      • Article, Illustration
        New look and modern facilities for industry
        920 58  -  The makeover is more than cosmetic as S'pore positions itself as a high-tech hub By\ Swee Kee Siong The writer is managing director at Arcasia Land THINK factories and you think functional. In past decades, industrial space in Singapore looked exactly what it
        920 words
    • PROPERTY SUPPLEMENT: OVERSEAS
      • Article, Illustration
        Thai market needs an overhaul
        1115 59  -  Lack of planning, crippling taxes, no forced-sale process, and curbs on foreign ownership are stifling the residential market By. Harish Mehta The writer is BT's Bangkok correspondent THEY are dubbed the "slash-and-burn developers" of Bangkok. They recklessly overbuilt the residential market by turning paddy fields
        1,115 words
      • Article, Illustration
        Lock icon HK's housing policy proves inconsistent
        875 59  -  The goal of cheap housing seems to be abandoned, as land sales are suspended till March By* Quak Hiang Whai The writer is BT's Hongkong correspondent IN the past year or so, the Hongkong property market has seen one of the most spectacular about turns
        FILE PHOTO  -  875 words
      • Article, Illustration
        Lock icon UK likely to sustain strength for 2-3 years
        1223 60  -  The last 18 mths have seen strong rental, capital growth in London By< Colin Wilson, Yusof Wahid Mr Wilson is associate director of DTZ Debenham Thorpe, and Mr Yusof is executive director of international business at Edmund Tie Company. ET&Cois in alliance
        Source: DTZ Debenham Thorpe Research  -  1,223 words
      • Article
        Securing an overseas mortgage
        1473 61  -  What to watch out for and why it is better to take snch mortgages from local banks than overseas ones By\ Stephen Richards Evans The writer is country head at Lloyds Bank pic, Singapore OVER the years, many Singaporeans have been making astute investments in overseas
        1,473 words
      • Article, Illustration
        Lock icon Low interest rates spur market Down Under
        775 61  -  Pointers for foreign investors eyeing property in Sydney and Melbourne By: Martin Vockler The writer is assistant manager at Singapore Central Equity Asia Pte Ltd THE economic crisis in Asia will have little if any direct impact on the Australian housing market. However
        FILE PHOTO  -  775 words
  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      110 43 *-ar:aggr <' ■HHPW"*? 25 reoionani 215 vears woriifvvufe, Jones Laruj Wootton were t/ie just inttmatkmaf |^gtog|pt :l <f T; l st ortmiuf tAe isfisvuC >Vrotou£ t/tc warfxC it spetts success. Co# us on 220 3888 and we'd help you make a name ofyovr awn, y^fF^®^ /%A|k 9 Ra//fes Ptace #39-00
      110 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      149 44 A world-class property company. Absolutely committed to your success. No mere words. 18 years of successful experience. One of the most professional ♦earns. Marketing more properties from Singapore and the world than most companies. There are So active, we became the 1 property agency I c omp ani c s
      149 words
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      Page 44 Advertisements Column 2
      40 44 88 SOUTHBANK BOULEVARD MELBOURNE Stunning panoramic views Exciting cosmopolitan location and lifestyle. Pl.innnvj P« rntit 14? IDS MELBOURNE'S LEADING APARTMENT DEVELOPER: CENTRAL EQUITY TEL: 538 2668 20 Raffles Place #25-01 Ocean Towers Singapore *****0 visit our nomepage at www centralequity.com
      40 words
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      Page 45 Advertisements Column 1
      212 45 A Every 30 Minutes, Someone Buys or Sells through ERA Tkis translates to 9,067 ERA customers wko kave kougkt or sold j tkeir komes tkrougk ERA in tke first six montks of 1998. That's why ERA is called The Results Team ERA Real Estate Specialists can kelp you get tke
      212 words
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      Page 46 Advertisements Column 1
      171 46 fEWTKALSquare f-1,, 1 lk iSv' i H. PREMIER LOCATION centrally located in Singapore's up-and-coming Riverfront district. CONVENIENCE close to Shenton Way, Orchard Road, Suntec City Convention Centre and MRT stations; and within walking distance to Clarke Quay and Boat Quay. APARTMENTS WITH SERVICES I 1-, ,Rd p*mn. Hd g^Wp-~---i2f «<*
      171 words
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      370 47 \2 vc >** ,4 it sMjm^ \wt lUITH FOHESKHI. Mines wu nwuii t v v. 'i CflLlllS. DAIKIN IHHHW' ;< •<•■ J^mml* V? Sr r > v> ~V <v*-.' V 1 g®BS .•%>*-. v •>> **> >;" g x'"\ «r.;- --i 4 \x. w. r v ■?!-> l> > f"
      370 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      159 48 Your Climate. We're There. Being a leading American brand in the air conditioning industry for the past 60 years, is it any wonder we can cater to your different needs? McQuay has been synonymous with technological innovations in manufacturing heating, ventilating and air conditioning equipment. We are the first company
      159 words
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      357 49 I I wp 1 1 CTTY DEVELOPMENTS LIMITED 9 M SPRING GROVE CONDOMINIUM ij 1 C SPECIAL RECOGNITION I C| <01 PRIX 1998 5 I C hi dL I Best of World Real Estate Competition 1998 R>iP i«a Zitym 3 :h 1 dijj I CDL'S EXCEPTIONAL QJJALITY IS RECOGNISED ALL
      357 words
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      525 50 w c\no *<> 11 r /f\o j r I)<yj j* e c J e w 1;o rn e Willi 7VI Ci Land r *i l| j, i. ftSß* <f *Nfe§fr > irr* 11 llull flEHflP f g Nestled amongst lush green parklands and shady trees, From w ~W\ C T
      525 words
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      Page 51 Advertisements Column 1
      160 51 jug*j J$ j The Kaiser Wilhelm watch by "A. Lange Sohne". m When Kaiser Wilhelm made a state visit to the Ottoman Empire, he brought jt along a valuable gift for Sultan Hamid II: richly decorated gold pocket Hi watch by "A. Lange Sohne" with a sumptuously finished hunter case
      160 words
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  • Page 54 Advertisements
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      Page 54 Advertisements Column 1
      208 54 cNassim Qdfbods Condominium WLzm r&wmT \V m W |N# IWfW \1 1 H |V| M 9 J 4 mI? i W Qfli II 1 J I"*** i j i a fl ililAlftiHll Ifet r^^H^lP wilt mmMMgm t nK6% In undoubtedly Singapore's best location, District 10, Nassim Woods at 19 Nassim
      208 words
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  • Page 56 Advertisements
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      Page 56 Advertisements Column 1
      234 56 |A 1 Bp '^^Hfly;\^v i |H r Mk BKy\^"-- V-V-**- 1 /jrflh r «Sk^9^®vy 'jsSßm I I, Internet address http://www.hazelpark.com El 16 Raffles Quay #25-01, Hong Leong Building IBIA S'M IW tk% W I Mil Singapore *****1 "J f i v -%< *&BKKMm Wfc *ft f BH Tel: 220 9911
      234 words
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      Page 57 Advertisements Column 1
      95 57 ggan L WORLD WIDE I II Since 1975 our worldwide staff of over 275 multi-disciplined I including lawyers, chartered accountants, chartered secretaries and I I bankers have provided confidential and cost effective company formation I n all the major low tax areas including: I Full professional after sales service provided.
      95 words
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      Page 57 Advertisements Column 2
      221 57 ?f# v **i> II w/i Jly&fe 5 MTii 1 t<#< •&*%>-» 1 -r W>V;:> > </ •<> !->#:%■ v* bA jraK&|g& x <? gfccvf: r v<~ v-: v*'" v> *^w!fcx il jp '^H L l Save interest and own it faster with a Citibank Home Loan. A I j9| I
      221 words
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      Page 59 Advertisements Column 1
      265 59 HBS3&E Oo One Covers Hs much Real Estate In The World fls ir^l hhhihbhh I I® The CENTURY 2! franchise system invites real estate professionals cr.d companies worldwide to become part of the f Ei-iT jRr 21 organisation, benefitting from its vast experience and entrepreneurial vision 4 Selected by Success
      265 words
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      Page 61 Advertisements Column 1
      86 61 Partisan's Carpet Auction SUNDAY, 19TH JULY TUDOR BALLROOM GOODWOOD PARK HOTEL Viewing: 10am 12.45pm Auction: Ipm II I Over one hundred specially selected fine hand- I I I knotted carpets and flatweaves from PERSIA, I I PAKISTAN, RUSSIA, AFGHANISTAN, NEPAL I I and TURKEY, all at delightfully low prices! I
      86 words
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      Page 62 Advertisements Column 1
      205 62 I I HISTORY HAS PROVEN, IF YOU WANT TO EXPLORE NEW OPPORTUNITIES. YOU NEED A GREAT NAVIGATOR, j a Throughout history intrepid navigators have Only our ships are offices. Over 200 worldwide. of their real estate requirements, depend on our I ave uncarted territory in search of land. Our crews
      205 words